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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Grocery and convenience stores
3232 Ventura Ave Fresno, CA 93702-3244
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-5402187
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1964
Construction
TILT-UP CONCRETE
Total area
18,108 SF
Lot
1.6 ac (69,696 SF)
Zoning code
NMX
APN
470-032-04
UPID
US09-5402187
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Watermill Express Big Box & Wholesale Store
-
Ventura Supermarket Grocery & Convenience Store Food Market
-
Ventura Market Grocery & Convenience Store Food Market
-
United Security Bank ATM Atm
-
Jenn-Air Washer & Dryer Repair Fresno Washer & Dryer Repair Service Appliance Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$980k
Owner & transaction history
Moonstars Property Management LLC · 5 yrs held
Moonstars Property Management LLC
since 2020
7 recorded transactions
Zoning & alternative use
NMX · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fresno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fresno submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,475,000
Current use
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$54 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,478
Tax year 2023
Assessed value
$1,039,657
Assessed 2023
Previous assessed
$1,039,657
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$438,966
Assessed improvement
$600,691
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
18,108 SF
Lot
1.6 ac (69,696 SF)
Zoning code
NMX
APN
470-032-04
UPID
US09-5402187
Jurisdiction
FRESNO
Zoning & alternative use
NMX · Fresno, CA
Zoning NMX · permitted uses
NMX · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fresno. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Moonstars Property Management LLC
Entity
Mailing address
3232 E VENTURA AVE, FRESNO, CA 93702-3244
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
—
Moonstars Property Management LLC
Moonstars Property Management LLC
Intrafamily Transfer
related
$1,102,000 · Cit Bank NA
Sep 6, 2017
—
Moonstars Prop Management LLC
—
Deed
related
$1,072,500 · Bank Of The Sierra
Jul 31, 2014
—
Moonstars Property Management LLC
Adel Mohamed Ali
Grant Deed
$1,450,000 · Pacific Enterprise Bank
May 7, 2012
—
Adel M Ali
—
Grant Deed
related
$3,250,000 · Mid Valley Services INC
Mar 10, 2006
$1,200,000
Adel Mohamed Ali
Huntington Beach 2 LLC
Grant Deed
$700,000 · Huntington Beach 2 LLC
Mar 10, 2006
—
Huntington Beach 2 LLC
Munoz,mike
Quit Claim Deed
related
—
Sep 9, 2004
—
Huntington Beach 2 LLC
Lace,donald A JR
Quit Claim Deed
related
—
Apr 19, 2001
$200,000
Donald A Lace
Safeway INC
Grant Deed
—
Apr 19, 2001
—
Donald A Lace
Lace,christine M
Quit Claim Deed
related
—
Mar 16, 2001
—
Safeway INC
Property Development Assoc
Grant Deed
related
—
Feb 1, 1989
$199,500
Dev Ass Property
Realty & Equipme
Grant Deed
—
—
—
Adel M Ali
—
Deed Of Trust
related
$1,500,000 · Michael C & Elizabeth D Crookham
—
—
Moonstars Prop Management LLC
—
Deed Of Trust
related
$1,072,500 · Bank Of The Sierra
—
—
Moonstars Property Management
—
Loan Modification
related
$335,000 · Pacific Ent Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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